This document discusses how to make the most of your time by outsourcing tasks to free up hours in the week. It notes that there are only 168 hours in a week and time is the most valuable asset. It encourages calculating your hourly rate based on income to understand the value of your time. The document provides tips on outsourcing to professionals or friends/family to save time for important tasks and recommends starting small to test outsourcing effectiveness. The overall message is that outsourcing non-essential tasks can help maximize your limited time.

1. Misty Keown
President, Premier Concierge
C: 214-395-7021
misty@premierconcierge.net
MAKING THE MOST OF OUR TIME

2. There are only 168 hours in a week!
 Can you borrow time, can you loan it?
 Time is the most valuable asset we have
 You can get more money, but not more time
 When you find a few extra minutes, it’s Sweet!
“The biggest reason we don’t feel the need to change our life, to select a better way to
live, is because we don’t understand the concept of time and, more specifically, our
lifetime.” - Kevin Hogan

3. Where do we spend our time?
 Most consuming task?
 Yard Work
 Laundry
 _____________
 Most distasteful task?
 House cleaning
 Waiting for service providers
 ______________
One of the things you can’t recover is TIME!

4. Calculating the Value of Time
 Example
 Gross income = 150,000
 Total Hours Worked = 50 hours per week X 50 weeks = 2500
 150,000 / 2500 = $60.00
 Your Actual
 Your Gross Income = ___________
 Your Total Hours worked = _______
 Your Hourly Rate = Gross income / hours worked = your hourly
rate = ________

5. Work time and then what?
 If you are working 50 hours per week, you have 118 hrs to
 Sleep
 Eat
 Personal Care
 Family
 Errands
 Shopping
 Time for You
You now know the value of your time, how will you outsource
your life to save time?

6. OUTSOURCING IS THE TO YOUR SUCCESS!
 As long as you continue to spend your TIME on tasks that
someone else could do more efficiently, you will be limiting the
profit potential of your business and your TIME in general.
 Most people have a hard time delegating substantial work after
years of being in control of every aspect of their business or life.
The assistants you hire, or outsourced help, can typically be faster
and better at doing things than you are.
 Outsourcing will help you remain focused on the important things
in your business or life and relieve your stress at the same
time. You may also find that you have TIME for a life outside of
your business.

7. Outsourcing Resources
 Family – Spouse, Children, Siblings, Parents
 Friends – Your best friend, your worst friend?
 Neighbors – “You watch my house, I’ll watch yours”
 Staff – Your Assistant, Team Members, Volunteers
 Semi Professionals – Maid Service, Nanny, Concierges
 Professionals – Doctors, Lawyers, Accountants …

8. TIPS FOR BETTER OUTSOURCING
 You get what you pay for. I have had much more success by seeking out those
who charge a bit more.
 Be clear. No matter what the skill level is for the person you’re managing, it’s
always good to be as clear as possible.
 Test the waters. Always start with a small assignment to see how they do. If they
do good work, then incorporate more complicated projects.
 Be respectful. These are people trying to make a living, trying to carve out a life
for themselves. Be nice. Be generous. Don’t be a jerk. Say thank you.
It’s never too late to start.
It’s always too late to wait. - Jeff Olson

9. Finding extra time is sweet!
 Imagine that you have been focused on a task list and
you find you are done with your “to do’s” and still have
some time left over.
 I call these sweet little moments of extra time. Think of
how good you feel when you are done and have time.
Time is free, but it’s priceless. You can’t own it, but you can use it. You
can’t keep it but you can spend it. Once you’ve lost it you can never get it
back. - Harvey Mackay

10. Resources
 The 168 Hour Week by Kevin Hogan
 The 4 Hour Work Week by Timothy Ferriss
 The Slight Edge by Jeff Olson